Deutsche Bank (FRA:DBK) PT Set at €5.50 by Berenberg Bank

Deutsche Bank (FRA:DBK) has been given a €5.50 ($6.40) price objective by analysts at Berenberg Bank in a note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Berenberg Bank’s price objective points to a potential downside of 23.49% from the company’s current price.

A number of other analysts have also recently weighed in on DBK. Barclays set a €5.00 ($5.81) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Monday, October 14th. Royal Bank of Canada set a €7.00 ($8.14) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Monday, October 7th. HSBC set a €6.30 ($7.33) target price on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Credit Suisse Group set a €6.00 ($6.98) target price on shares of Deutsche Bank and gave the stock a “sell” rating in a report on Monday, September 30th. Finally, Nord/LB set a €7.10 ($8.26) target price on shares of Deutsche Bank and gave the stock a “neutral” rating in a report on Thursday, July 25th. Seven research analysts have rated the stock with a sell rating and ten have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of €7.07 ($8.23).

Shares of FRA:DBK opened at €7.19 ($8.36) on Monday. Deutsche Bank has a 1-year low of €12.36 ($14.37) and a 1-year high of €18.49 ($21.50). The company’s fifty day moving average is €6.99 and its two-hundred day moving average is €6.83.

Deutsche Bank Company Profile

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Asset Management.

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